ELECTROVAYA INC (ELVA.CA) Stock Fundamental Analysis
TSX:ELVA - Toronto Stock Exchange - CA28617B6061 - Common Stock - Currency: CAD
Overall ELVA gets a fundamental rating of 4 out of 10. We evaluated ELVA against 14 industry peers in the Electrical Equipment industry. ELVA has a medium profitability rating, but doesn't score so well on its financial health evaluation. ELVA may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
In the past year ELVA has reported negative net income.
In the past year ELVA had a positive cash flow from operations.
ELVA had negative earnings in 4 of the past 5 years.
ELVA had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
ELVA has a better Return On Assets (-3.77%) than 85.71% of its industry peers.
The Return On Equity of ELVA (-8.46%) is better than 85.71% of its industry peers.
With an excellent Return On Invested Capital value of 3.56%, ELVA belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.77% | ||
| ROE | -8.46% | ||
| ROIC | 3.56% |
ROA(3y)-14.68%
ROA(5y)-16.77%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Operating Margin of ELVA (4.24%) is better than 85.71% of its industry peers.
Looking at the Gross Margin, with a value of 31.05%, ELVA is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
ELVA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.24% | ||
| PM (TTM) | N/A | ||
| GM | 31.05% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.22%
GM growth 5Y-5.01%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ELVA is destroying value.
ELVA has more shares outstanding than it did 1 year ago.
The number of shares outstanding for ELVA has been increased compared to 5 years ago.
The debt/assets ratio for ELVA is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -0.34, we must say that ELVA is in the distress zone and has some risk of bankruptcy.
ELVA has a Altman-Z score of -0.34. This is comparable to the rest of the industry: ELVA outperforms 57.14% of its industry peers.
ELVA has a debt to FCF ratio of 23.29. This is a negative value and a sign of low solvency as ELVA would need 23.29 years to pay back of all of its debts.
ELVA has a Debt to FCF ratio of 23.29. This is amongst the best in the industry. ELVA outperforms 85.71% of its industry peers.
A Debt/Equity ratio of 0.84 indicates that ELVA is somewhat dependend on debt financing.
ELVA has a Debt to Equity ratio of 0.84. This is in the lower half of the industry: ELVA underperforms 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 23.29 | ||
| Altman-Z | -0.34 |
ROIC/WACC0.46
WACC7.73%
2.3 Liquidity
ELVA has a Current Ratio of 1.55. This is a normal value and indicates that ELVA is financially healthy and should not expect problems in meeting its short term obligations.
ELVA has a Current ratio (1.55) which is in line with its industry peers.
ELVA has a Quick Ratio of 1.20. This is a normal value and indicates that ELVA is financially healthy and should not expect problems in meeting its short term obligations.
ELVA's Quick ratio of 1.20 is in line compared to the rest of the industry. ELVA outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.55 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
ELVA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -300.00%.
The Revenue has decreased by -9.67% in the past year.
The Revenue has been growing by 55.61% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-300%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-93.55%
Revenue 1Y (TTM)-9.67%
Revenue growth 3Y56.77%
Revenue growth 5Y55.61%
Sales Q2Q%-7.63%
3.2 Future
ELVA is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 99.90% yearly.
The Revenue is expected to grow by 41.32% on average over the next years. This is a very strong growth
EPS Next Y516.5%
EPS Next 2Y299.25%
EPS Next 3Y156.93%
EPS Next 5Y99.9%
Revenue Next Year50.69%
Revenue Next 2Y57.08%
Revenue Next 3Y52.49%
Revenue Next 5Y41.32%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for ELVA. In the last year negative earnings were reported.
With a Price/Forward Earnings ratio of 6.14, the valuation of ELVA can be described as very cheap.
ELVA's Price/Forward Earnings ratio is rather cheap when compared to the industry. ELVA is cheaper than 100.00% of the companies in the same industry.
ELVA is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.44, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 6.14 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ELVA is valued cheaper than 85.71% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ELVA indicates a rather cheap valuation: ELVA is cheaper than 85.71% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 117.42 | ||
| EV/EBITDA | 26.41 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as ELVA's earnings are expected to grow with 156.93% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y299.25%
EPS Next 3Y156.93%
5. Dividend
5.1 Amount
ELVA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:ELVA (4/23/2025, 7:00:00 PM)
3.55
0 (0%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners15.7%
Inst Owner ChangeN/A
Ins Owners39.66%
Ins Owner ChangeN/A
Market Cap121.16M
Analysts82
Price Target5.87 (65.35%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)60.78%
Min EPS beat(2)21.57%
Max EPS beat(2)100%
EPS beat(4)2
Avg EPS beat(4)-42.89%
Min EPS beat(4)-173.52%
Max EPS beat(4)100%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-7.63%
Min Revenue beat(2)-9.7%
Max Revenue beat(2)-5.56%
Revenue beat(4)0
Avg Revenue beat(4)-24.16%
Min Revenue beat(4)-45.33%
Max Revenue beat(4)-5.56%
Revenue beat(8)1
Avg Revenue beat(8)-12.47%
Revenue beat(12)1
Avg Revenue beat(12)-17.48%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)4.54%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.11%
EPS NY rev (1m)11.36%
EPS NY rev (3m)-42.58%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.8%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-14.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 6.14 | ||
| P/S | 2 | ||
| P/FCF | 117.42 | ||
| P/OCF | 111.45 | ||
| P/B | 4.37 | ||
| P/tB | 4.37 | ||
| EV/EBITDA | 26.41 |
EPS(TTM)-0.06
EYN/A
EPS(NY)0.58
Fwd EY16.29%
FCF(TTM)0.03
FCFY0.85%
OCF(TTM)0.03
OCFY0.9%
SpS1.77
BVpS0.81
TBVpS0.81
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.77% | ||
| ROE | -8.46% | ||
| ROCE | 8.33% | ||
| ROIC | 3.56% | ||
| ROICexc | 4.55% | ||
| ROICexgc | 4.55% | ||
| OM | 4.24% | ||
| PM (TTM) | N/A | ||
| GM | 31.05% | ||
| FCFM | 1.71% |
ROA(3y)-14.68%
ROA(5y)-16.77%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.22%
GM growth 5Y-5.01%
F-Score5
Asset Turnover0.97
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 23.29 | ||
| Debt/EBITDA | 5.48 | ||
| Cap/Depr | 3.24% | ||
| Cap/Sales | 0.09% | ||
| Interest Coverage | 0.85 | ||
| Cash Conversion | 25.46% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.55 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | -0.34 |
F-Score5
WACC7.73%
ROIC/WACC0.46
Cap/Depr(3y)26.17%
Cap/Depr(5y)54.51%
Cap/Sales(3y)0.56%
Cap/Sales(5y)1.36%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-300%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-93.55%
EPS Next Y516.5%
EPS Next 2Y299.25%
EPS Next 3Y156.93%
EPS Next 5Y99.9%
Revenue 1Y (TTM)-9.67%
Revenue growth 3Y56.77%
Revenue growth 5Y55.61%
Sales Q2Q%-7.63%
Revenue Next Year50.69%
Revenue Next 2Y57.08%
Revenue Next 3Y52.49%
Revenue Next 5Y41.32%
EBIT growth 1Y28.72%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year213.37%
EBIT Next 3Y119.54%
EBIT Next 5YN/A
FCF growth 1Y106.39%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y106.76%
OCF growth 3YN/A
OCF growth 5YN/A